The currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 88.09 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 84.72 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Three Outside Up’ candle chart pattern is found. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 88.92 |
| 2nd High | 88.8 |
| Next High | 88.09 |
| Current Price | 86.660000000 |
| Next Low | 84.72 |
| 2nd Low | 84.36 |
| 3rd Low | 80.26 |
88.09 – 86.88 – 88.8 – 84.72 – 84.36 – 85.01 —
85.320000000 – 85.950000000 —
36.960434313517 – 46.597952029323 —
– —
88.09 – 1773253800
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Outside Up – – –